global-presence

Vocabulary Word

Definition

'Global Presence' refers to how much a company, business, or brand is recognized worldwide. If a brand has a strong global presence, its products or services are known and sold in many different countries.

Examples in Different Contexts

In the technology sector, 'global presence' signifies the worldwide availability and adoption of a company's technology solutions and services. A tech entrepreneur might note, 'Our global presence not only enhances brand visibility but also fosters innovation through diverse global inputs.'

Practice Scenarios

Business

Scenario:

The market response in Asia has been impressive. It indicates there's a lot of potential for our expansion there.

Response:

True. Expanding within Asia will definitely boost our global presence. Let's focus on developing a region-specific strategy.

Tech

Scenario:

The latest app features received excellent feedback, especially in Europe. It suggests we should continue investing in development there.

Response:

Indeed. Furthering our development in Europe can help grow our global presence. We also need to consider localization for better adaptability.